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Finance Act 2018: A changing tax landscape for global businesses

In an increasingly global economy, the Mauritian government wishes to safeguard its position as a reputable jurisdiction for doing local and international business. It has therefore committed to implementing some of the Base Erosion and Profit Shifting ('BEPS') recommendations set out by the Organisation for Economic Co-operation and Development ('OECD'). These measures are set out in the Finance (Miscellaneous Provisions) Act 2018 (‘FA2018’) and aim at harmonizing the existing provisions of business licensing to conform to international standards.

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Mauritius National Budget 2018/19: Tax highlights

Over the last few months the private sector and the Government have devoted a significant amount of time and resources to debating the future of the financial services sector and the integration of the global business with the domestic economy, in line with the country’s commitment to the OECD measures on Base Erosion and Profit Shifting. A key component of that integration is the harmonization of the taxation policy between the two regimes.

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SAFYR UTILIS LTD Corporate Video

Presentation of SAFYR UTILIS

 

 

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